This chart on foreign investment taken from last week’s 2025 Taskforce report (page 10) is instructive.
According to the OECD, New Zealand now has one of the most restrictive FDI policies.
On this chart, only China, Iceland, Russia and Mexico are less open.
Moreover, most countries have liberalised FDI policies in recent years whereas New Zealand has gone in the opposite direction.
As the Taskforce notes in an understatement, “To close the income gap with Australia, New Zealand must create a stronger presumption for acceptance of foreign investment, subject to the same regulatory provisions as domestic investors.”
Click to enlarge